Mettler-Toledo International Inc. (MTD) Q1 2022 Earnings Call Transcript

For the period ending March 31, 2022

May 5, 2022 5:00 p.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good day, and thank you for standing by, welcome to the Mettler-Toledo First Quarter Conference Call.

I would now like to hand the conference over to Mary Finnegan. Please go ahead.

Mary Finnegan - Head of IR

Thank you, and good evening, everyone. I'm Mary Finnegan and - responsible for Investor Relations at Mettler-Toledo, and happy that you're joining us tonight. I am joined with Patrick Kaltenbach, our CEO; Shawn Vadala, our Chief Financial Officer; and Adam Uhlman, Senior Manager of Investor Relations.

Let me cover a couple of administrative matters. This call is being webcast and is available for replay on our website. A copy of the press release and the presentation that we will refer to on today's call is also on the website. Let me summarize the safe harbor language, which is outlined on Page 2 of the presentation.

Statements in this presentation, which are not historical facts constitute forward-looking statements within the meanings of the U.S. Securities Act of 1933 and the U.S. Securities Exchange Act of 1934. These statements involve risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by any forward-looking statements. For a discussion of these risks and uncertainties, please see the discussion in our recent Form 10-K and other reports filed with the SEC.

All of the forward-looking statements are qualified in their entirety by references to the factors discussed under the captions, factors affecting our future operating results and in the business and management discussion and analysis of financial condition and Results of Operations sections of our filings. Just one other item. On today's call, we may use non-GAAP financial measures. More detailed information with respect to the use of and differences between the non-GAAP financial measure and the most directly comparable GAAP measure is provided in the Form 8-K.

I will now turn the call over to Patrick.

Patrick Kaltenbach - CEO

Thanks, Mary, and good evening, everyone. I'm happy to be here with you tonight. Before I cover the quarter, let me make some overall comments on Ukraine. We are deeply concerned about the ongoing war in Ukraine and its impact on so many people. We are monitoring the situation closely, and it is a relief to know that our employees in Ukraine could find shelter in safe places. We sincerely hope that the war will stop soon and the suffering of so many will come to an end.